Press Releases
Concuity Announces the Availability of PriceAdvisor
Concuity’s Release of PriceAdvisor Combats Ineffective Pricing Transparency to Increase Patient Satisfaction & Improve Revenue Projection and Recovery for Hospitals
Vernon Hills, Illinois/Dublin, Ireland - 24 June 2008 - Concuity, a healthcare division of Trintech (NASDAQ: TTPA) and a leading provider of contract management and revenue recovery technology (”Peer Reviewed by HFMA”) and services, today announced the availability of PriceAdvisorTM, a web-based solution that will enable hospitals to accurately produce patient estimates by utilizing payer contracts, actual claim data, and patient benefit information.
There is a push toward increased healthcare quality and pricing transparency in the marketplace, largely driven by the growth in consumer-directed health plans, and as a consequence, hospitals are beginning to realize the importance of providing their patients with estimates for out-of-pocket costs, which » read more
Concuity Announces Partnership with Financial Healthcare Systems, LLC
Partnership Expands Concuity’s Product Suite by Adding Price Transparency
Vernon Hills, Illinois/Dublin, Ireland - 23 June 2008 - Concuity, a healthcare division of Trintech (NASDAQ: TTPA) and a leading provider of contract management and revenue recovery technology (”Peer Reviewed by HFMA”) and services, today announced its partnership with Financial Healthcare Systems (FHS Corp), a provider of a web-based solution for credible procedural price estimates that provides patients with specific out-of-pocket costs, allowing them to better plan for impending medical expenses, while giving hospitals the ability to more accurately project revenue. By partnering with FHS Corp, Concuity further enhances its value proposition for hospitals seeking to increase customer satisfaction, streamline operations, and improve revenue calculation.
PriceAdvisorTM, developed as a result of this technology partnership, will provide a seamless » read more
Trintech’s Annual Customer Conference Brings Together over 200 Professionals from 112 Companies to Learn the Latest Innovations in Financial Governance, Risk Management, and Compliance Technologies
Dallas, TX / Dublin, Ireland – 9 June 2008 – Trintech Group Plc (NASDAQ: TTPA), a leading global provider of integrated financial governance, transaction risk management, and compliance solutions, today announced the successful conclusion of its twelfth annual US-based Customer Conference held May 19-22 at the Royal Sonesta Hotel in New Orleans, Louisiana. The Conference featured KPMG Advisory Services Principal, Richard Beacham; KPMG Advisory Services Director, Mike Scanlon; Prodiance President and CEO, Soheil Saadat; and more than 200 accounting and treasury professionals from world-class organizations, including eBay, ANZ Bank, Nike, Target, Monster Worldwide, and Yahoo; and sponsors PNC, Solutran, Harland Clarke, and Garda.
This year’s conference theme focused on helping clients make financial governance a strategic asset in their business. The conference recognized that The Office » read more
Concuity’s New Release of ClearContractsTM 8.0 to Improve Staff Efficiency and Increase Revenue
Vernon Hills, Illinois/Dublin, Ireland – 05 May 2008 – Concuity, a healthcare division of Trintech (NASDAQ: TTPA) and a leading provider of contract management and revenue recovery technology ("Peer Reviewed by HFMA") and services, today announced the availability of ClearContracts 8.0. The latest version of Concuity’s ClearContracts solution enables users to more efficiently manage institutional and professional claim reimbursement activities and maximize reimbursement for bundled claims as well as ambulatory payment/outpatient visits. The Professional Calculation Engine of ClearContracts 8.0 has been enhanced to provide clients with a consolidated view of facility and professional claims. Users can easily determine expected payment and recover underpayments for institutional and professional accounts from the same user interface. With the addition of institutional bundling, ClearContracts 8.0 clients can manage code bundling » read more
HealthEast Care System Selects Concuity’s ClearContracts TM to Increase Contract Analysis and Negotiation Capabilities and Improve Revenue Cycle Management
Vernon Hills, Illinois/Dublin, Ireland – April 2008 Concuity, a healthcare division of Trintech (NASDAQ: TTPA) and a leading provider of contract management and revenue recovery technology ("Peer Reviewed by HFMA") and services, today announced that HealthEast Care System has selected ClearContracts™ to enhance contract negotiation capabilities and improve the recovery of underpaid claims.
HealthEast Care System operates a number of hospitals and other health care facilities throughout the St. Paul, Minnesota, metro area, including three general acute care facilities – St. John's Hospital, St. Joseph's Hospital, and Woodwinds Health Campus. A fourth hospital, Bethesda Hospital, provides inpatient rehabilitative care. HealthEast Care System also features a number of primary care and specialty clinics located throughout its service area.
"The calculations performed in our existing system for expected reimbursement » read more
Edward Hospital & Health Services Selects Concuity’s ClearContractsTM
Edward Hospital & Health Services Selects Concuity’s ClearContractsTM for Contract and Denials Management and EOB Pro for Receivables ManagementVernon Hills, Illinois/Dublin, Ireland – 14 January 2008 – Concuity, a healthcare division of Trintech (NASDAQ: TTPA) and a leading provider of contract management and revenue recovery technology ("Peer Reviewed by HFMA") and services, today announced that Edward Hospital of Naperville, Illinois has selected ClearContracts to improve the management of payment variances, denials, and revenue recovery and EOB Pro to retrieve, consolidate, and standardize electronic remittances from multiple payers into 835s.
Founded in 1907, Edward Hospital & Health Services is a full-service, regional healthcare provider offering access to complex medical specialties and innovative programming in the west and southwest suburbs of Chicago.
“We have developed visionary goals » read more
Concuity Announces New Release of ClearContracts for Revenue Cycle Management
Concuity’s ClearContracts™ 7.2 further Improves Revenue Cycle Management with Increased Contract Analysis and Negotiation CapabilitiesVernon Hills, Illinois/Dublin, Ireland – 5 November 2007 – Concuity, a healthcare division of Trintech (NASDAQ: TTPA) and a leading provider of contract management and revenue recovery technology (”Peer Reviewed by HFMA”) and services, today announced the availability of ClearContracts 7.2. The latest version of Concuity’s ClearContracts solution dramatically increases calculation engine modeling capabilities and system usability. Health organizations are constantly occupied with managing underpayments and denials due to payer non-compliance; consequently, they’re always looking for better ways to monitor contract compliance. With ClearContracts, finance administrators and contractors can identify and correct systemic issues that cause revenue leakage and develop long-term strategies for combating payer non-compliance. ClearContracts gives hospitals and » read more
Concuity, A Healthcare Division Of Trintech, Receives HFMA PEER REVIEW Seal Of Approval
Vernon Hills, Illinois/Dublin, Ireland – 23rd October 2007 – Concuity, a healthcare division of Trintech (NASDAQ: TTPA) today announced that the Healthcare Financial Management Association (HFMA) recently examined ClearContracts™ for Hospitals and Physician Groups, a solution that helps increase hospital revenue through the identification and correction of payer non-compliance issues in the contract revenue cycle, using the new Peer Review process. After undergoing the rigorous review, ClearContracts now features the notable “Peer Reviewed by HFMA” mark. Concuity’s ClearContracts™ is a web-based revenue cycle management solution that allows healthcare organizations to manage the entire contract revenue cycle. It goes beyond legacy calculation engines, allowing the creation and negotiation of profitable contracts, the optimization of contract interpretation and compliance, and the collection of what’s rightfully owed » read more
Concuity Announces the Launch of Its New Fully Accessible Website – Concuity.Com
Vernon Hills, Illinois/Dublin, Ireland – 10 September 2007 – Concuity, a healthcare division of Trintech (NASDAQ: TTPA), today announced the launch of its newly designed website – http://www.concuity.com. The new website markedly improves the ability of visitors to quickly find information about Concuity’s products and services, and provides a single source of information for financial professionals in the healthcare industry seeking ways to optimize and manage their cash flow for improved revenue and contract profitability. “The new website supports our growing business and increasing base of top-tier healthcare customers. It has been architected to be easily navigable and to explain the features and benefits of our products and services, including ClearContracts™ for Hospitals and Physician Groups, EOB Pro, and Revenue Recovery Services,” stated Ed Gallo, » read more
Concuity Announces the Availability of EOB PRO for Healthcare Providers
Concuity’s EOB PRO Integrates EOB Conversion Capabilities into its Contract and Denials Management Software, ClearContractsTM Vernon Hills, Illinois/Dublin, Ireland, 25 June 2007, Concuity, a healthcare division of Trintech (NASDAQ: TTPA), today announced the availability of EOB PRO for ClearContracts, its web-based, revenue cycle management system. ClearContracts helps healthcare providers identify and correct underpayments due to payer non-compliance in the contract revenue cycle. EOB PRO converts paper-based Explanation of Benefits (EOBs) into HIPAA standard 835s, eliminating the intensive, manual process of posting paper EOB payments to a healthcare billing system. EOB PRO allows providers to consolidate various paper and/or electronic remittances into a single stream of data that eliminates time-consuming and error-prone manual data entry; enhances the ability to recover revenue; provides image and data archive » read more
